15 articles by Marouan Tazi

The 2027 finance bill (PLF) will be tabled in October 2026. Macroeconomic framework (growth targeted at 4.1% in 2027), a course of 'social consolidation and discipline', stability of the tax system, expected fiscal and customs measures, parliamentary calendar: the complete guide to anticipating the 2027 budget and preparing your business right now.

A forward-looking finance and weather brief for Morocco, September 15 to 30, 2026. The climate pivots over the next two weeks: the September cool-down settles, storms linger over the Atlas and the Saiss, the autumn equinox arrives on the 23rd and the first autumn rains approach. What it means for your food basket, home energy, fuel budget, health spending and trading decisions, with practical advice for households, drivers, small businesses and traders.

A finance-first read of Morocco's wholesale fruit and vegetable market for the week of September 14, 2026. Grapes down from 11 to 7 DH/kg (-36% mark-to-market in one week), watermelon in distress at 0.50 DH/kg, tomatoes cheap today but set to rise after the Souss-Massa storm damage. Price charts, a risk matrix, the onion export policy file, position sizing and the spoilage math every grossiste should run before buying.

How the Morocco-UAE tax relationship works: who is a Moroccan non-resident, which income Morocco can tax, withholding caps on dividends, interest and services, the UAE 9% corporate tax, and how to claim treaty benefits with a residency certificate.

Since 2026, no Moroccan property sale can complete without a Tax Clearance Certificate (Quitus Fiscal), and deals not paid by traceable bank transfer trigger an extra 2% registration duty. A clear, practical guide to the new property-purchase taxes and procedures in Morocco for 2026.

Morocco's VAT withholding (RAS TVA) only exempts service invoices up to 5,000 MAD incl. VAT per operation, capped at 50,000 MAD per month per supplier. Clear explanation of the threshold, the public-procurement and sector exclusions, and worked examples based on Article 117 of the 2026 General Tax Code.

Full analysis of the 2026 Throne Speech: 4.9% growth, finance as a national priority, record tourism (20M), Morocco as Africa's #1 auto exporter, and what it means for businesses, SMEs, and investors.

Practical, number-by-number examples of Morocco's 2026 withholding tax: a bank paying a service company with/without fiscal attestation, a doctor renting an office, landlord regimes, the 500 MDH threshold, and auto-entrepreneurs.

From 1 July 2026, Morocco extends withholding tax on service fees to companies above a progressive turnover threshold (≥ 500 MDH, then 350/200), plus a 5% RAS IS and the RAS TVA (75% / 100%). Practical guide for B2B invoicing, cash flow, and the attestation de régularité fiscale.

A complete guide to Morocco's 2026 withholding tax (retenue à la source): the new 11.25% dividend rate, the 5% rental tax, the expanded service withholding (progressive 500/350/200 MDH threshold), and the RAS TVA mechanism.

Morocco's corporate income tax (IS) reform is finished in 2026: two-rate scale of 20% and 35% based on a MAD 100 million threshold. Rates, minimum contribution, exemptions and Finance Law 2026 changes explained.

Morocco has over 250,000 active auto-entrepreneurs paying the CPU (Contribution Professionnelle Unique) instead of separate IR, professional tax and CSS. Rates, ceilings, eligibility and obligations for 2026.

From 1 July 2026, a 5% withholding tax applies to rent paid to professional landlords and companies in Morocco. Who is affected, how it works, a worked example, and what it means for landlords and tenants.

Since January 2026, Morocco's VAT system has been simplified to just two rates: 10% and 20%. The old 7% and 14% rates have been abolished. Here's what changed for consumers, businesses, and prices.

How Morocco's value-added tax (TVA) works in 2026: the two rates, HT vs TTC conversions, registration thresholds, deductions, filing, and who must charge it.